Women have potential to emerge as micro-entrepreneurs in food sector: President

New Delhi - President Ram Nath Kovind said there was great potential for women to emerge as micro-entrepreneurs and raise overall female participation in the food sector.

"Women can set up small enterprises to make jams and pickles by processing fruits and vegetables gathered from farms in the village...It is also noteworthy that women are deeply involved in the food sector," Kovind in his address at the concluding ceremony of World Food India-2017.

He said women could use Internet and modern communication technology to study prices and consumer trends in faraway markets.

"In this manner they can empower themselves, enhance the family income and contribute to nation building," he said.

Kovind said the food industry could be a huge employer for India which has a large youth population and women from rural areas had a potential.

Food is culture but it is also commerce, he added.

Kovind said focused emphasis on modern food processing can change things.

"It gives the food sector the potential to become the intersection of so many of our flagship programmes - Make in India, Start-up India, Skill India, Digital India, and the resolve to double farm incomes," he said.

Noting India's food consumption was currently valued at $370 billion and it was expected to reach $1 trillion by 2025, he said: "There are opportunities across the entire food value chain in India - including post-harvest facilities, logistics, cold chains, and manufacturing. It is a sector with a large business appetite."

With 41 mega food parks and cold chains being established across the country, Kovind said: "There is an increasing stress on food safety, accurate labelling, intellectual property issues and innovation in the food processing sector as well as on using technology as an enabler."

The President said the World Food India helped showcase the vast and near limitless opportunities in the food industry and in food processing in India.

"It has been, if I may put it so, the Kumbh Mela of Indian food," he said.

Tag Cloud

Tags

About Us

The Finapolis helps you grow your money. We offer insightful journalism, credible research and actionable advice suitable to every Indian taxpayer, making us a one stop destination for your personal finance needs.

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.